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. >> that is erskine bowles, who along with alan simpson shared the deficit reduction commission a couple of years ago. they are both in town trying to pound a sense at into elected leaders. evan thomas has been out of town promoting his book, "ike's bluff." terrific christmas present. >> thank you. >> as i recall, we were having the same composition we are having now. >> like groundhog day. talk about bluffing -- they will be complete unreasonable until the last second where they agreed. while they are bluffing, we could go over the cliff. >> where are we headed, mark? >> one side says that raising tax rates is an example, the other side says we will not balance the budget on the backs of students and seniors without asking those who make as much as i do not to pay another diamond. we are in the chest thumping a stage of this negotiation. we are interested in the product rather than the process. the process does the fact of the product and you don't want hostilities to make the final product unreachable. >> nina, there were a bunch of c.l.'s in town saying please do something so we can p
. >> that is erskine bowles, who along with alan simpson shared the deficit reduction commission a couple of years ago. they are both in town trying to pound a sense at into elected leaders. evan thomas has been out of town promoting his book, "ike's bluff." terrific christmas present. >> thank you. >> as i recall, we were having the same composition we are having now. >> like groundhog day. talk about bluffing -- they will be complete unreasonable until the...
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based off the simpson bowles commission, his own deficit reduction commission. he knows what our proposals are and what we are willing to do. what we don't know, chris, is what is the president willing to do? >> chris: well, let me ask you specifically about that. is it true, it is said -- we have never seen a piece of paper. is it true that the president offered to raise the eligibility age for medicare and slow cost of living adjustments for social security when you were in your debt talks in august of 2011? >> it was on the table. did the president agree to it... he may have been close to an agreement to it. if he agreed to it, we might not have this problem today. >> chris: is that on the table now. >> of course it is. >> chris: no, from their point of view? >> listen, there are a lot of items on the table. the president knows what they are. the question is, what are they willing to do. >> chris: you are starting to have political problems, because you are starting to have splits in your ranks, i don't have to tell you you one of the top congressional republ
based off the simpson bowles commission, his own deficit reduction commission. he knows what our proposals are and what we are willing to do. what we don't know, chris, is what is the president willing to do? >> chris: well, let me ask you specifically about that. is it true, it is said -- we have never seen a piece of paper. is it true that the president offered to raise the eligibility age for medicare and slow cost of living adjustments for social security when you were in your debt...
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brings our long-term deficits down. tough spending savings is part of that, and invest in things that matter to the american economy, like infrastructure, and getting americans back to work. we think we can do that. we have a good chance, and it's very important. and i think we'll get there, david. >> do you think we'll get a deal by the end of the year? >> i do. because the only thing standing in the way of that is a refusal by republicans to accept that rates have to go up on the wealthiest americans. and i don't really see them doing that. >> the idea that they have signalled something significant for them, which is -- >> what is that? >> putting revenue on the table. >> it's welcome that they are recognizing that revenues are going to have to go up. but they haven't told us anything about how far rates should go up, how far revenues should go up, who should pay higher taxes. >> republicans have said that no republicans will vote for a tax rate increase. do you think they are just bluffing? >> i can't tell you what t
brings our long-term deficits down. tough spending savings is part of that, and invest in things that matter to the american economy, like infrastructure, and getting americans back to work. we think we can do that. we have a good chance, and it's very important. and i think we'll get there, david. >> do you think we'll get a deal by the end of the year? >> i do. because the only thing standing in the way of that is a refusal by republicans to accept that rates have to go up on the...
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i increased the size of the debt and the deficit. i got everything i wanted. the place is a mess. and look, i got re-elected. so, you know, what's so hard about me continuing to do that and blaming it on them because obviously i'm very good at that. and that's basically where he's going here. and the republicans, i think, are not very good poker players. first of all they signaled that they are kind of really reluctant to go over the cliff, and i think if you are in this kind ever a showdown you have to say, you know, bring it. come on. >> you'll do it. they will get blamed for it, though, if that happens. there's no question. the president is already signaling that. that wouldn't be a pleasant outcome for them. would you say they should suggest to the president they would be willing to do that and then maybe he would give 2nd end? >> i think they have to show that he is in negotiations and that he has to give and they are willing to give and if they just say we are so afraid of getting blamed for that, of course he's going to roll right over them. >> kim, where do you think the r
i increased the size of the debt and the deficit. i got everything i wanted. the place is a mess. and look, i got re-elected. so, you know, what's so hard about me continuing to do that and blaming it on them because obviously i'm very good at that. and that's basically where he's going here. and the republicans, i think, are not very good poker players. first of all they signaled that they are kind of really reluctant to go over the cliff, and i think if you are in this kind ever a showdown...
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his own deficit reduction commission. he knows what our proposals are, he knows what we are throwing do. what we don't know, chris, is what is the president willing to do? >> well, let me ask you specifically about that. is it true, because it's been said but we've never seen a piece of paper; it true that the president offered to raise the eligibility age for medicare and to slow cost of living adjustments for social security what you were in your debt talks in august ofs2011. >> it was on the table. did the president agree to it? it may have been close to an agreement to it. if he agreed to it we might not have some problem today. >> is that on the table now. of course, it's on the table. >> no, is it on the table from their point of view. >> well, there are a lot of items on the table. the president knows what they are. the question is what are they willing to do. >> you are starting it have some political problems because you are starting to have some split necessary your ranks. i don't have to tell you one of the top
his own deficit reduction commission. he knows what our proposals are, he knows what we are throwing do. what we don't know, chris, is what is the president willing to do? >> well, let me ask you specifically about that. is it true, because it's been said but we've never seen a piece of paper; it true that the president offered to raise the eligibility age for medicare and to slow cost of living adjustments for social security what you were in your debt talks in august ofs2011. >>...
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chaos, if they punt, if it's a small deal, it's going to be a sign that we're not going to get the deficit reduction that we need. >> and that's the challenge for the president. because, yes, he does have all the leverage. we talked about that. he won the election of course. but this is a test of leadership, and the american public does not want to go over that cliff because, by the way, they want the tax cut for the middle class to remain in place. that's the ultimate cliff there and the bottom line is we don't want those to expire. gwen: as we approach it we begin to try to read the tea leaves. he brings the c.e.o.'s to the white house and they had the goldman sachsco guy saying i'm pretty optimistic we'll come up with a deal. and others think we'll good over the cliff. what do we read into that? >> there's a rule that denny has earth enunciated and people are outraged. it's a majority institution. the speaker is not going to put something on the floor that doesn't get a majority of the majority. if john byner puts something on the floor that raises taxes, they're going to explode. >> yo
chaos, if they punt, if it's a small deal, it's going to be a sign that we're not going to get the deficit reduction that we need. >> and that's the challenge for the president. because, yes, he does have all the leverage. we talked about that. he won the election of course. but this is a test of leadership, and the american public does not want to go over that cliff because, by the way, they want the tax cut for the middle class to remain in place. that's the ultimate cliff there and the...
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Nov 29, 2012
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tim giter in and rob neighbors bring the deficit cutting plan to capitol hill today. >> reporter: negotiators are meeting with boehner and top democrats. they heard the plan wednesday at the white house. at least one thinks there could be a deal here. >> if i were involved in the negotiations like this and everybody was purporting to be where they are, i would say that an agreement is reachable. >> i'm hopeful. it wouldn't put me anywhere near optimistic. >> reporter: one conservative is suggesting that while negotiations continue, congress should stop tax rates going up on the middle class now. >> we're not going to raise taxes on those people. i think we should make that clear to everybody. >> reporter: bottom line, no deal yet. both sides are still talking. and both sides signalling that they're willing to give some ground to get this done and get it done on time. lynn. >> thanks so much. >>> it's not how he wanted to get there but former governor mitt romney heads to the white house. president obama is hosting his campaign rival at a private lunch. no reporters will be allowed in. it is t
tim giter in and rob neighbors bring the deficit cutting plan to capitol hill today. >> reporter: negotiators are meeting with boehner and top democrats. they heard the plan wednesday at the white house. at least one thinks there could be a deal here. >> if i were involved in the negotiations like this and everybody was purporting to be where they are, i would say that an agreement is reachable. >> i'm hopeful. it wouldn't put me anywhere near optimistic. >> reporter:...
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there is an interesting coalition, if you will, of very conservative deficit hawks and very liberal deficit hawks, if you will, who might come together and say, you know what, let the country go off the cliff. lack at those five-year projections. isn't this about short term versus long term? what do you say and what do you think your members would say? >> the best thing is to do something our spending problem and barring anything else, doing the automatic cuts that congress promised last year when they raised the debt ceiling would be better than doing nothing. it's separate from the ougautomc tax increase that happens on january 1. our preferred strategy here would be to accept the sequester now knowing that congress is not going to do something more rational. they're not going to take on more fundamental spending reforms and push off increasing taxes. and let's have a ration conversation about fundamental tax reform in the first six months of next year. nothing congress does in this panic is going to be rational public policy regardless of ideology. >> isn't it fair to say no matter what,
there is an interesting coalition, if you will, of very conservative deficit hawks and very liberal deficit hawks, if you will, who might come together and say, you know what, let the country go off the cliff. lack at those five-year projections. isn't this about short term versus long term? what do you say and what do you think your members would say? >> the best thing is to do something our spending problem and barring anything else, doing the automatic cuts that congress promised last...
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middle class tax cuts but put in place some carefully designed savings to bring downtown long-term deficits and we should do ethics help growth in the short term like rebuilding american infrastructure, helping americans with their mortgages, extend unemployment benefits. we show a way to pay for those in our plan in that context. that's what we think makes the most sense. of course, we're open to suggestions. there are going to be other ideas from democrats, other ideas from republicans. we can take a look at those ideas and evaluate them but not until we see them. >> schieffer: bottom line, though, is you're going to-- you're going to have to have more revenue and you expect to get it from upper income americans. you think they ought to pay more. >> we're going to have higher rate and higher revenue interest just 2% of americans. in any event% of americans do not need to see and are not going to see an increase in their marginal tax rates. that's a commitment of president. i think we're going to get there. the republicans have conceded-- and this is important-- they're prepared to raise r
middle class tax cuts but put in place some carefully designed savings to bring downtown long-term deficits and we should do ethics help growth in the short term like rebuilding american infrastructure, helping americans with their mortgages, extend unemployment benefits. we show a way to pay for those in our plan in that context. that's what we think makes the most sense. of course, we're open to suggestions. there are going to be other ideas from democrats, other ideas from republicans. we...
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. >> our ultimate goal is an agreement that gets our long-term deficit under control in a way that's fair and balanced. and that kind of agreement would be good for our businesses, it'd be good for our economy, it would be good for our children's future and i believe that both parties can agree on a frame work that does that in the coming weeks. in fact, my hope is to get this done before christmas. >> so right now, all eyes are on the white house. the country doesn't need a victory lap, it needs leadership. it's time for the president, congressional democrats to tell the american people what spending cuts they're willing to make and we'd like to thank the president for adopting the fox news slogan there and as we get closer to the fiscal cliff, both sides seem to be standing tough and what about the coverage, jim in. >> i think the debate overall that began with simpson bowls saying we should roughly have tax cuts, tax increases, pardon me, and spending cuts and so the media narrative is sort of, can we get simpson bowls through a recalcitrant republican congress? and what's changed
. >> our ultimate goal is an agreement that gets our long-term deficit under control in a way that's fair and balanced. and that kind of agreement would be good for our businesses, it'd be good for our economy, it would be good for our children's future and i believe that both parties can agree on a frame work that does that in the coming weeks. in fact, my hope is to get this done before christmas. >> so right now, all eyes are on the white house. the country doesn't need a victory...
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Nov 30, 2012
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on the left, the number ishe projected deficit for this fiscal year, 2013. the production is $100,000,000,000.04. senator, this is a joke. this is 8% of the projected deficit and people are willing to, with absolute certainty, nd this count into recession and destroy millions of jobs. i mean, this president -- he is frankly -- he is about to deliver a disaster to the american people. >> the president has an opportunity to be a real leader or he can be a politician. he has just come off from the election. we will have to see in the next few weeks if he's going to be really involved. most of the jobs in america are fed by small usinesses. these tactics will go to small-business people. you're going to choke on the job recovery of the future. everyby knows that. i think that the president needs to get real with this. i guess he is still campaigning. he's a good campaigner. but this is real economics now. we have to put the campaign aside and see what is best for america. more taxes without cuts, that's not good for ameri to be one republicans can win this negot
on the left, the number ishe projected deficit for this fiscal year, 2013. the production is $100,000,000,000.04. senator, this is a joke. this is 8% of the projected deficit and people are willing to, with absolute certainty, nd this count into recession and destroy millions of jobs. i mean, this president -- he is frankly -- he is about to deliver a disaster to the american people. >> the president has an opportunity to be a real leader or he can be a politician. he has just come off...
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oh my goodness deficit deficit deficit, fix the tax code, and what are they proposing lowering their own taxes. it's a sham and they ought to be rolled out of town if people understand what they were talking about. >> if people are worried about how they're going to take care of the homeless, how schools will be able to accommodate 30 kids in the class rom how people will be able to make ends meet when unemployment disappears. they can't be here. they can't afford it. they come here and write it off in their taxes $20 million a year ceos from these corporations, and continue to spread the hysteria and--and if their plan goes through the austerity plan, they and their company and their bonuses are actually the only thing that is going to improve in this economy. >> eliot: as they have over the past couple of years. income disparity is worse and worse and incomes are going up. lloyd blankfein telling people that they people should not expect to work for 25 years and then retire for 30. i don't think he understands what social security is all about. >>> the hispanic caucus said no today
oh my goodness deficit deficit deficit, fix the tax code, and what are they proposing lowering their own taxes. it's a sham and they ought to be rolled out of town if people understand what they were talking about. >> if people are worried about how they're going to take care of the homeless, how schools will be able to accommodate 30 kids in the class rom how people will be able to make ends meet when unemployment disappears. they can't be here. they can't afford it. they come here and...
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it's exactly what happened during the clinton administration group old spending and quadrupled the deficit then this fall and you're going to you know god has influence or an article written in one thousand nine hundred six that sort of led to believe in it that became like the foundation trilogy if we really had really as for thirty two years this is been this is been the republican party tonight and your eyes are big enough to remember that the clinton administration yes first week that bill clinton right after the election the first week after the election when the republicans were screaming about what the national debt there had been no discussion about it at all for twelve years before. or that they were in the wreck during the time the reagan radio who knew of primary had a one hundred day ross perot is not talking about the rally going to the jack raid well yeah george testbench w. bush tries talking about but he was talking about the trade george not the not the know you start of the federal budget and george h.w. bush actually wanted to assert the line item veto you know that you
it's exactly what happened during the clinton administration group old spending and quadrupled the deficit then this fall and you're going to you know god has influence or an article written in one thousand nine hundred six that sort of led to believe in it that became like the foundation trilogy if we really had really as for thirty two years this is been this is been the republican party tonight and your eyes are big enough to remember that the clinton administration yes first week that bill...
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as you know, we have a trillion dollar annual deficit and this would not close that gap at all. so the president needs to come up with a plan and for better or worse going to require leadership. no member of the senate or the house is going to be able to do this, this is something the president has to do by himself and he can't do it on the campaign trail. >> let me ask you this because you wrote an op-ed today and you wrote about divided government about the deal. you said divided government means that neither democrats nor republicans will be able to pass legislation along strictly partisan lines. it means bipartisan compromise is the only way to avoid further gridlock. we cannot tax our way back to budget surpluses and economic prosperity. without major spending cuts and entitlement reform, we will continue running huge deficits regardless of what we do on the revenue side. for every dollar of revenue you give him, he'll give you $2.50 of spending cuts. if he gave you that on spending cuts, it would be $850 billon a year would you do that? >> the president has said a lot of t
as you know, we have a trillion dollar annual deficit and this would not close that gap at all. so the president needs to come up with a plan and for better or worse going to require leadership. no member of the senate or the house is going to be able to do this, this is something the president has to do by himself and he can't do it on the campaign trail. >> let me ask you this because you wrote an op-ed today and you wrote about divided government about the deal. you said divided...
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we know we cannot deal with a serious deficit problem in this country as well as meeting our obligation to americans as well as making sure we protect the middle class. so he's put out a serious proposal of revenues and spending cuts and economic growth that does strengthen the middle class and get that economic growth. that's perfectly good starting point. the fact that speaker boehner rejected that, we're in a tough spot right now. what the republican leadership in the house has to do is say look here's what we want to do, here's what we believe we should do. they have to understand that the president won, the democrats gained seats in the house and the senate. the american people have said find that common ground, the beginning of that common ground is make sure we protect the tax cuts for the middle class. make sure we don't hurt the fragile economic recovery in the short term and let's deal with protecting medicare and deficit reduction for the long term. >> there's a piece in the "new york times" talking about the president's new negotiate i want aing style. it said mr. obama scat
we know we cannot deal with a serious deficit problem in this country as well as meeting our obligation to americans as well as making sure we protect the middle class. so he's put out a serious proposal of revenues and spending cuts and economic growth that does strengthen the middle class and get that economic growth. that's perfectly good starting point. the fact that speaker boehner rejected that, we're in a tough spot right now. what the republican leadership in the house has to do is say...
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it will have no effect on deficit. no effect on rescuing us. and i think republicans ought not play that game. it doesn't help the income. >> to answer your question, the middle class tax cuts are permanent. and the response to charles would be that the obama white house believes it will help the economy. >> they're completely wrong. that is the problem. >> bret: next up, the friday lightning round. [ "odd couple" theme plays ] humans -- even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else mes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? >> bret: every week, viewers vote for your choice online in the lightning round poll. and this week, cabinet reshuffle won with 36% of the vote. back with the panel. okay, bill. susan rice hasn't been dominated for everything but we think she might be nominated for secretary of state.
it will have no effect on deficit. no effect on rescuing us. and i think republicans ought not play that game. it doesn't help the income. >> to answer your question, the middle class tax cuts are permanent. and the response to charles would be that the obama white house believes it will help the economy. >> they're completely wrong. that is the problem. >> bret: next up, the friday lightning round. [ "odd couple" theme plays ] humans -- even when we cross our t's...
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president does not represent the bowles simpson plan, nor is it the bowles plan in my testimony on deficit reduction. i simply took the mid point of the public offers, put forward during the negotiations to demonstrate where i thought a deal could be reached at the time. he's very much backing away from speaker boehner's letter. the question i wanted to ask you is some of the details, as you know, it's all in. >> can we spin one more point on that? >> absolutely. >> here's speaker boehner who is taking a mid point on the compromise between the two sides and offered it, and it's already flatley rejected? >> i think he may be rejected, sir, if i may -- >> i'm not talking about simpson -- erskine boelsz. i'm talking about the white house's response to it. >> let's get to that too. i think what erskine bowles is saying in his statement, that this letter from speaker boehner does not represent his theory, number one, but i think the line that the white house is having problems with, and i believe i found it in page two of the speaker's letter, i'll read it to you if i can. he says this, notably
president does not represent the bowles simpson plan, nor is it the bowles plan in my testimony on deficit reduction. i simply took the mid point of the public offers, put forward during the negotiations to demonstrate where i thought a deal could be reached at the time. he's very much backing away from speaker boehner's letter. the question i wanted to ask you is some of the details, as you know, it's all in. >> can we spin one more point on that? >> absolutely. >> here's...
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number two, let's have a smart long term deficit reduction program that includes us doing some things right now that would help with job creation. number three let's not manufacture another debt ceiling crises and number four let's make sure that we're making the kind of investments in education and work force development, energy independence, infrastructure and research and development that ensures that we're innovating as we have in the past. >> rose: julianna goldman of bloomberg joins me from washington and she interviewed president obama on tuesday. that was an excerpt from her interview and i'm pleased to have her on this program. and congratulations first of all. >> charlie thanks very much. it was a great opportunity. >> rose: tell me how you found the president. not in terms of the sort of term temperment in terms of where his mind is set at this moment. >> there was a little bit of chitchat before we started the interview and i had the opportunity to congratulate him for the first time since his election. and i said you've been a little busy. he said yes no trip to disneywor
number two, let's have a smart long term deficit reduction program that includes us doing some things right now that would help with job creation. number three let's not manufacture another debt ceiling crises and number four let's make sure that we're making the kind of investments in education and work force development, energy independence, infrastructure and research and development that ensures that we're innovating as we have in the past. >> rose: julianna goldman of bloomberg joins...
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we saw this in new jersey where governor christie had 11 billion dollar deficit. he had a fiscal cliff. he knew where the middle road was, and he didn't it. >> he didn't fall off. >> exactly. that's what this president has to do. >> i'm joe smith and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me to lose my entitlements. pat, can that ever work? >> well i think that's what most people think right now. they want the rich to pay more because maybe we should have them pay more. at the same time, they don't want the economy to go in the hole. the other thing is they don't want the country to go broke. what the republicans failed to do is what you're saying. they failed communication case w50eus. wise. they don't hold ban barack baraa accountable. to give himself powers that no president has had, you take that to the country and say you want him deciding he can just spend whatever he wants? >> that's like removing the debt ceiling. >> exactly. >> that's wha
we saw this in new jersey where governor christie had 11 billion dollar deficit. he had a fiscal cliff. he knew where the middle road was, and he didn't it. >> he didn't fall off. >> exactly. that's what this president has to do. >> i'm joe smith and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me to lose my entitlements. pat, can that ever work? >> well i...
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for those of us that realize barack obama owns the economy, the deficit, owns everything, and as things get worse you can blame him for his failed policies. but if they're going to go back, in this case tom hartman is going to blame ronald reagan -- well, there's never any hope of not blaming george bush. listen to this. >> black friday in reality is a symptom of the plight that 30 years of reaganomics brought to america. we've been steadily, the last 30 years, watching the destruction of organized labor, labor unions. we have black friday today because the wealthy elite have strangled their workers for 32 years. ever since ronald reagan's election. >> sean: forget those eight years of clinton and four years of obama, it's reagan's fault. it's reagan's fault that on black friday people are killing themselves at victoria's secret. >> they're going after capitalism. the kids are being taught this stuff in school. it really is incredible. the crisis of capitalism. that's really what they're after. that's a core issue. >> sean: yeah, but there's a common theme, that all the troubles in the
for those of us that realize barack obama owns the economy, the deficit, owns everything, and as things get worse you can blame him for his failed policies. but if they're going to go back, in this case tom hartman is going to blame ronald reagan -- well, there's never any hope of not blaming george bush. listen to this. >> black friday in reality is a symptom of the plight that 30 years of reaganomics brought to america. we've been steadily, the last 30 years, watching the destruction of...
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how does that count -- >> it counts because it reduces the deficit. we're here trying to reduce the long-term deficit. >> they want new ones, the republicans? >> again, we're prepared to do these on the spending side. what we're not going to do is extend those tax cuts for the wealthiest americans. those cost $1 trillion over ten years. there's no possibility that we're going to find a way to get our fiscal house in order without those tax rates going back up. again, alongside that we're prepared to do some very detailed things on the spending side, and we're -- >> there's no guarantee, right? didn't that say that? at least according to the read-out we got, your plan, so you can feel free to correct me because you haven't given me a read-out of it. >> guaranteed up front measurable savings scored by sea enacted into law. the only guarantee is when congress enacts policies. >> you would be willing to go for specific things and guarantee that there would be a specific amount of cuts? >> of course, of course. >> but that's next year? >> no, that's not tr
how does that count -- >> it counts because it reduces the deficit. we're here trying to reduce the long-term deficit. >> they want new ones, the republicans? >> again, we're prepared to do these on the spending side. what we're not going to do is extend those tax cuts for the wealthiest americans. those cost $1 trillion over ten years. there's no possibility that we're going to find a way to get our fiscal house in order without those tax rates going back up. again, alongside...
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a lousy economy for four years, i left unemployment high, i increased the size of the debt and the deficit, i got everything i wanted, the place is a mess and look, i got reelected. so, what's so hard about me continuing to doing that and blaming it on them. obviously, i'm very good at that and that's base clr where he's going here and the republicans i think are not very good poker players, they're signaled they're relucks tennant to go over the cliff. if you're in this showdown, i is a, come on, bring it. >> paul: they will get blamed if that happens and the president is signaling that. that wouldn't be a pleasant outcome for them. you're saying they should suggest to the president we had he' be willing to do that and maybe he'll give at the end? >> yeah, i think they have to show that they are it, that he's in a negotiation and that he has to give and that they're willing to give and if they just say, look, we're so afraid of getting blamed for that, of course, he's going to roll over them. >> kim, where do you think the republicans are? where should they go here? do they have real opti
a lousy economy for four years, i left unemployment high, i increased the size of the debt and the deficit, i got everything i wanted, the place is a mess and look, i got reelected. so, what's so hard about me continuing to doing that and blaming it on them. obviously, i'm very good at that and that's base clr where he's going here and the republicans i think are not very good poker players, they're signaled they're relucks tennant to go over the cliff. if you're in this showdown, i is a, come...
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Nov 30, 2012
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we deficit spend between $3 billion and $4 billion a day. now if the president wants to raise taxes on the wealthiest americans that's going to help hand al couple days, literally days, worth of our problem but how will we solve the overall thing. if we aren't going to tackle entitlements and not cut spending you will have trouble getting through the house of representatives because we're committed to those principles. we've got to tackle and make the difficult choices. >> what about his $400 billion in medicare? is your problem with it that it's not specified? do you want to see a more specific laundry list or do you have to produce a laundry list before he's going to come up with his? is this a giant game of chicken. >> >> that's what's unfortunate. that's what i think the parties should be sitting at a table, speaker boehner is on the absolute right track, shown a willingness to be able to talk about things that we haven't been able to talk about before and they need to sit down and hash this out. there's nothing like a deadline to drive
we deficit spend between $3 billion and $4 billion a day. now if the president wants to raise taxes on the wealthiest americans that's going to help hand al couple days, literally days, worth of our problem but how will we solve the overall thing. if we aren't going to tackle entitlements and not cut spending you will have trouble getting through the house of representatives because we're committed to those principles. we've got to tackle and make the difficult choices. >> what about his...
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Nov 29, 2012
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if you want a balanced approach to reducing the deficit, let your member of congress know. if you believe we can solve this problem through compromise, send that message. >> let your member of congress know. send that message said the president. the american people did. so many american people did that congressional websites and phone lines crashed after the president's speech. house phone circuits were so overwhelmed that an alert went out to members of congress that if they were expecting any really important phone calls therks shou they should try using a different phone. if you tried to visit the websites for john boehner or michele bachmann after the president's call to action, you just got a server to busy message. >>> last year, in the fall, the president went and did it again. the president went on a multi-state barn storming campaign style tour to push for the passage of his jobs bill. again, he asked the american people to get involved in that fight directly. he asked the american people to talk to congress. >>> i want you to call. i want you to e-mail. i want you
if you want a balanced approach to reducing the deficit, let your member of congress know. if you believe we can solve this problem through compromise, send that message. >> let your member of congress know. send that message said the president. the american people did. so many american people did that congressional websites and phone lines crashed after the president's speech. house phone circuits were so overwhelmed that an alert went out to members of congress that if they were...
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trillion a year deficit. you're not going to solve all that with tax increases and cutting discretionary programs. we have to fix the intitlement programs. we can talk about how we do it. >> you have to be specific, steve. because when you talk about fixing the entitlement programs, we're clear, social security is off the table. what do you mean? >> what secretary geithner said is on a separate process. >> we're talking about between now and 30 days from now. >> this is preeminently where a president has to lead and be specific. you can't expect the republicans to lead on an area that he's dominated in politically. >> here's an entitlement idea, a way to help support medicare, let them dictate price -- drug prices. >> steve, this, to me, is a much more interesting debate than tom and dan. because i think the president has done exactly what he's done in the past in this negotiating. he's not grinding it out with speaker boehner. he's out giving speeches, rallying his base. meeting with groups like moveon.org.
trillion a year deficit. you're not going to solve all that with tax increases and cutting discretionary programs. we have to fix the intitlement programs. we can talk about how we do it. >> you have to be specific, steve. because when you talk about fixing the entitlement programs, we're clear, social security is off the table. what do you mean? >> what secretary geithner said is on a separate process. >> we're talking about between now and 30 days from now. >> this is...
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Dec 2, 2012
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we saw this in new jersey, where governor christie, and an $11 billion deficit. he had a fiscal cliff. he brought everybody in. he knew where the middle road was and -- >> he didn't fall off it. >> exactly. >> i'm joe smith. and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me lose my entitlements. pat goodell can that work? >> people want at the rich to pay more because, okay, they should pay more. at the same time they don't want the economy to go in the hole. the other thing is they don't want the country to go broke, and what the republicans fail to do they fail to community indicate. they couldn't communicate themselves out of 0 wet babier bag. they don't hold barack obama accountable. you're the president and should lead on spending. this move of his give himself powers no president has had you take that to the country and say, you want him deciding he can spend whatever he wants. >> like removing the debt ceiling. >> exactly. i'm saying that's th
we saw this in new jersey, where governor christie, and an $11 billion deficit. he had a fiscal cliff. he brought everybody in. he knew where the middle road was and -- >> he didn't fall off it. >> exactly. >> i'm joe smith. and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me lose my entitlements. pat goodell can that work? >> people want at the rich to pay...
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party over the fiscal cliff proposal that he made with some saying it doesn't go far enough to fix the deficit. we'll break down what this means for negotiations ahead with our morning joe panel. but up next -- you never know who you'll see on a new york city subway. and for one kindly old lady, she literally did not know who she was seeing and sitting next to. we'll play her full conversation with jay-z when "way too early" comes right back. [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok.
party over the fiscal cliff proposal that he made with some saying it doesn't go far enough to fix the deficit. we'll break down what this means for negotiations ahead with our morning joe panel. but up next -- you never know who you'll see on a new york city subway. and for one kindly old lady, she literally did not know who she was seeing and sitting next to. we'll play her full conversation with jay-z when "way too early" comes right back. [ woman ] ring. ring. progresso. i just...
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Nov 30, 2012
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they're not about to do anything that helps with the deficit. they want higher taxes to spend even more money to put even more power in washington, d.c. to have an even bigger bureaucracy. >> greta: all right. let me tell you one other thing that i thought was surprising today. secretary of treasury tim geithner proposed limiting purview over the federal borrowing limit, which is another way of saying give the president, any future president, give the president without a limit, without conceive sight. is that how you see that? >> sure. if you were a liberal, you wanted to run up the biggest possible deficit. frankly the congress ought to move in the opposite direction and start hearings of oversight on the federal reserve, which has put far more money into the economy than the treasury has, and which has yielded far more economic power the treasury. the amount of power that ben bernanke has chairman of the federal reserve is totally inappropriate in a free society. again, i would have the house republicans organize virtually every committee and
they're not about to do anything that helps with the deficit. they want higher taxes to spend even more money to put even more power in washington, d.c. to have an even bigger bureaucracy. >> greta: all right. let me tell you one other thing that i thought was surprising today. secretary of treasury tim geithner proposed limiting purview over the federal borrowing limit, which is another way of saying give the president, any future president, give the president without a limit, without...